The Bureau of Economic Analysis released the Fourth Quarter GDP (Q4) data today [DATA HERE], and the White House will likely spin a victory message.  However, the real economic picture is covered by the continued storm of inflation.

Gross Domestic Product (GDP) is the dollar value of all goods and services produced in the economy, minus the dollar value of goods and services we import.  The percentages discussed are percentages of change over time.

The fourth quarter result was an increase of 6.9 percent over the prior quarter.

The total U.S. economy is now estimated around $23 trillion annually. [Tables pdf Here]

What the GDP doesn’t show is the diminished purchasing value of the dollar and/or the actual rate of inflation which towers over the valuation.  With goods and services costing much more, the estimated value of those goods and services (the amount of money spent on them) increases.

Because we are in a severe inflationary cycle, the resulting evaluations of the economy are skewed.  The BEA attempts to remove the inflationary impact of their evaluations, but they do so by using a 5.5% inflationary rate, which is a much lower inflation estimate than actually exists.

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Keep an eye on this story folks; there’s something else here.

The FDA decision to block COVID-19 treatment options is very sketchy, and I sense that Florida Governor Ron DeSantis knows the science will not support the Biden administration.  This story -when exposed- has the potential to bring down the Biden administration, big time… DeSantis senses it.

Earlier today, Florida Governor Ron DeSantis held a roundtable press conference with physicians, clinicians and other health officials in Florida to denounce the Biden FDA decision to revoke monoclonal antibody treatments as a therapeutic option.  The FDA action was not only done without communication, but the decision was also made without study and without any input from the treatment side of the COVID-19 dynamic.

Here’s a brief segment of the DeSantis statement:

The full presser is below and is well worth watching to listen to the doctors who refute the FDA claim that monoclonal treatments do not assist patients with Omicron variant.  Doctors have treated Omicron patients successfully with the monoclonal antibody treatments. The actual doctors who are treating the patients refute the FDA directly.

The input from Dr. Dwight Reynolds is very revealing. Something is very odd around this story.

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The official U.S. shot goblin, Anthony Fauci, announced earlier today, kids 6 months to 4 years-old will receive a three-dose vaccine schedule as soon as the political operatives in the FDA come to an agreement with the multinational pharmaceutical companies.

However, other than the most entrenched Branch Covidians, who are willing to subject all of their children to the experimental drugs and gas station sushi, a wider effort might run into a much more skeptical American population.

The increased skepticism, some would say ‘awakening’ over the vaccine intent and efficacy, is highlighted by the reluctance of the previously vaccinated population to take a booster shot.  First, to the kids:

(New York Post) – […] Two clinical trials of the Pfizer vaccine on children ages 6 months to 2 years old, and ages 2 to 4 are underway, but the older group hasn’t yet met standards, White House chief medical adviser Dr. Anthony Fauci said at a press conference.

“Dose and regimen for children 6 months to 24 months worked well, but it turned out the other group from 24 months to 4 years did not yet reach the level of non-inferiority, so the studies are continued,” Fauci said, referencing effectiveness standard comparison to adults.

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Canadian Prime Minister Justin Trudeau was asked today about the 50,000+ truckers and millions of supporters of the “Freedom Convoy” that is headed to Ottawa to protest the heavy-handed government COVID approach.

In true totalitarian fashion, the pontificating pustule of pompous promotion claimed the people protesting his position are a “fringe minority” of the Canadian people, holding “unacceptable views” against his regime.  WATCH (Prompted):

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This guy is almost as bad as Jacinda Ardern of New Zealand.  How a majority of Canadian people could possibly support this arrogant and condescending weasel simply shows just how pathetic the political opposition in Canada really is.

Put a solid, strong and articulate conservative up against these creeps and things might change.  However, that person needs to be able to look the uber-leftist media in the eye, speak with plain commonsense, and call them on their bulls**t.

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A Gallup news survey [DATA HERE] indicates that eight out of ten Americans expect higher prices and continued rising inflation, as the working class can see the through the smoke and mirrors of the Biden economy.

Overall, there are multiple datapoints that show the economic quagmire that is taking place right now.  Gasoline continues to rise in price, as oil costs continue to skyrocket as an outcome of Biden energy policy.  Food store prices have only just begun to show the higher prices that are built into the replenishment process.

Newly arriving goods overall are at a much higher price that previous inventory.  The 30, 60 and 90-day terms of purchase order fulfillment are now reflecting the cumulative cost increases at every stage in the supply chain.  Inbound prices to retail are still climbing. This is an economic quagmire created by inflation that cannot be avoided.

Fuel, food, home energy and home prices overall are rising.  As a result, durable good spending has contracted.  CTH has pointed out this dynamic for almost five months; however, the actual data is difficult to extract, because the scale of government spending in 2021 has clouded all of the economic indicators.

The official government inflation statistics at 7 to 9% do not accurately reflect the real inflation being felt by consumers, which is in the 25 to 40 percent range for highly consumable products.  If you look around your local community, it is not difficult to see that working class Americans have modified all of their spending priorities to deal with the food, energy and housing inflation that cannot be avoided.

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Look carefully at this tweet from Catherine Herridge at CBS.  Notice anything?

Emphasis mine:

“#Durham filing reveals his team learned for first time, this month, the Office of the Inspector General had TWO cellphones for former FBI General Counsel who is central witness in Sussmann case, “the Government has been working diligently to review their contents.””

The Office of Inspector General (OIG) has known about the Durham probe of Michael Sussmann for how long?  And specifically, the criminal case against Sussmann revolved around the central witness, the point of contact with former FBI General Counsel, Jim Baker.  Yet the OIG said nothing to John Durham about their possession of Baker’s phones until this month?

Think about what that tells us?

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Tennesse Democrat Jim Cooper (Nashville) becomes the 29th Democrat to announce he will not seek reelection (link).  “Today I am announcing that I will not run for reelection to Congress. After 32 years in office, I will be leaving Congress next year.”

Jim Cooper was first elected to the House in 1990 and was going to have a redistricting battle.  Several blue states (CA, NY, IL) are losing congressional seats due to population losses, while red states are gaining congressional districts due to population growth.  The great ideological cleaving between Democrat communists and middle class Americans continues.

The Washington Times is reporting that leadership in the Democrat party is pleading with house members not to leave.  However, with a looming electoral backlash on the horizon, the pleas are falling on deaf ears.  Polling indicates there is a major storm on the horizon for Democrats, as their ideological thirst for power is transparent {link} and being rejected. Every single policy the Biden administration touches creates a crap storm of anxiety for the ‘Main Street’ American worker.

Even the New York Times has gone from panic to ‘shock’: “The numbers are even worse for Democrats in the eight states expected to have the closest Senate elections, according to Langer — Arizona, Florida, Georgia, Nevada, New Hampshire, North Carolina, Pennsylvania and Wisconsin. Not only is Biden’s overall job approval rating in those states 33 percent, 10 points lower than it is in the rest of the country, but registered voters in those eight states say they are more likely to vote for Republican House candidates than for Democrats by 23 points (at 58 percent to 35 percent).

There are now 29 House Communists (ie Democrats) officially jumping ship and announcing they will not attempt re-election {link}.  There will likely be more before the primary races begin.

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This is some next level sketchy, borderline evil, stuff from the U.S. medical establishment. The FDA has revoked the authorization status of monoclonal antibody treatments [Announcement Here], effectively shutting down the treatment option for patients exposed to COVID-19.

The FDA gave no advanced notice of their arbitrary decision; they just issued a press release Monday evening and immediately revoked the Emergency Use Authorization.

The result was that no states were given any time to prepare for the shutdown or cancel the scheduled appointments of their patients.

On the surface the FDA justification is essentially that monoclonal antibody treatments are “unlikely to be active against the omicron variant,” so the monoclonal treatment option is revoked. However, below the surface it looks like the FDA reason for the revocation is to push the Pfizer and Merck pills as the primarily authorized therapeutics.  The problem with the pills is they are hard to find and in short supply.

Literally, a few hours before the FDA shut down monoclonal antibody treatments to push the pills, CBS writes an article about how difficult it is to find therapeutic pills {SEE HERE}.  But we are supposed to believe these decisions are about public health, right?  This is absurd, I mean, seriously, think about it.

If public health was really the driving factor, why wouldn’t federal public health officials make every effort to have all treatments available, and then let your doctor decide which is right for you?

The state of Florida Health Department is not happy and being forced to close all monoclonal antibody treatment sites.  They issued the following statement:

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This is a very good thing.  A New York State Supreme Court has blocked the unilateral state-wide mask mandate of Governor Kathy Hochul and state Health Commissioner Basset.  The legal reasoning is very important.   NY Supreme Court Ruling HERE.

The authority of the New York governor and health commissioner, provided by the declaration of a state emergency, has expired.  With that expiration any/all mandates from the office are invalid; all requirements for public health -such as the mask mandate- MUST come from the legislative body.

According to the ruling, Judge Thomas Rademaker said that neither the governor nor the state health commissioner had the authority to enact the mandate without the state legislature, since the governor no longer has emergency powers. [full pdf here]

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Earlier today Senator Ron Johnson held a roundtable hearing with some of the most prominent medical and scientific voices against the vaccination mandate.  The full 5-hour hearing video is available HERE on Rumble and posted below:

The hearing starts at 40:45 of the video:  “A group of world-renowned doctors and medical experts provide a different perspective on the global pandemic response, the current state of knowledge of early and hospital treatment, vaccine efficacy and safety, what went right, what went wrong, what should be done now, and what needs to be addressed long term.”

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